brobert (brobert)
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JUST IN: #Bitcoin is now trading below $50K. Where do you see the market going next?
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The trading volume for Bitcoin ETFs has reached an impressive milestone today, surpassing $2.1 billion in total spot trading. This significant increase reflects the growing interest and participation in Bitcoin ETFs, highlighting the continued expansion of the cryptocurrency market.
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We have seen this before! Consolidation till Q3 and breakout in Q4
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#Bitcoin relief bounceback! Hold $57k-$57.5k level otherwise $BTC could revisit $54K level. IMO, there could be one more capitulation wick around $53K-$55K level in September before market reversal.
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